Just as I planned)))

AUD/USD

Planning to go long after trend line break) The pale gray diagonal lines are cycles, I believe that the price will reach the median line of the channel just before completing another cycle, Im also waiting for the trend line in rsi to be broken for ...

AUD/USD

Whoa I have just accidentally discovered the author of an extremely similar looking methodology - url

Diagonal Chanel Based Dimension Of Support and Resistance

Application of diagonal s/d zones ))

Diagonal Chanel Based Dimension Of Support and Resistance

Thanks))))) P.s. Im kind off new to Forex factory, but I already love it. Especially the ability to easily share ideas about currency pairs with each other

USD/JPY Discussion

Um... if I am not mistaken guys. CNYJPY should have an affect on USDJPY. In the morning today CNY received a high impact positive news (check it in the calendar ), I checked the daily CNYJPY chart (could find a reasonable one only at yahoo finance ...

USD/JPY Discussion

I saw a similar thing )

USD/JPY Discussion

P.S. In the current example I worked not towards, but from the zero point. And put a light grays 50 and -50 levels of the new faded fibb, on the 23.6 points of the old black main fibb. And once again as you can see, allot of structure points are ...

The Polarity Concept

I don`t think so yet, there isn't a clear support line for the formation. At least on my charts

USD/JPY Discussion

Went long!!!

USD/JPY Discussion

Hi, at the current phase its more about understanding and seeing the diagonal structure of the market. However already you can trade depending on the situation as - trading on the bounce off or break out of the middle zone (neutral polarity), buying ...

Diagonal Chanel Based Dimension Of Support and Resistance

In theory you could even draw those diagonal r/s lines across all the chart. However on the current example I have only drawn ascending angle trend lines (from left bottom corner to top right corner). Now with the help of the lowest trend line, I ...

Diagonal Chanel Based Dimension Of Support and Resistance

Moving in to the USDJPY diagonal r/s in a channel analysis by starting with a lin reg. 1)I applied the linreg channel 2)Choosing the same starting and ending point I have applied a standard deviation channel, however just to fine tune it I have ...

Diagonal Chanel Based Dimension Of Support and Resistance

When I applied both versions of the linear regression channels as seen above on the screenshots 1 and 2 at the same time I noticed something strange. The middle neutral 0 polarity line became a descending expanding wedge, which the price in fact ...

Diagonal Chanel Based Dimension Of Support and Resistance

Anyway back to USDJPY interpreting the idea of Juan007 We could draw the Linear Regression channel as shown on the first screenshot or like on the second, but definitely not like on the third. Why not like on the third? Because we don't have ...

Diagonal Chanel Based Dimension Of Support and Resistance

USDJPY example with a few tips : 2-5 candle stick tails in a row either ascending or descending at an angle show us clue of the current currency pairs structure angle. Basically another proof of diagonal price structure in OHLC charts. Once again ...

Diagonal Chanel Based Dimension Of Support and Resistance

Thanks allot for your idea with lin reg and standard dev channels !)))

Diagonal Chanel Based Dimension Of Support and Resistance

Im not doing a great job at keeping the thread posts organised, but well... after all I just shared my idea and described it as good as I could. And I`d be glad to see ideas based around either the usage or implementation of the concept ...

Diagonal Chanel Based Dimension Of Support and Resistance

Looks easier on the eye and more cheerful to me Once again the lighter colours are at the bottom of the colour palette, and to copy the trend line or any object in mt4 you just double click it, and while holding Ctrl + C drag it way which ...

Diagonal Chanel Based Dimension Of Support and Resistance